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Crypto News

Crypto news

The desk's complete reporting record, newest first.

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26 Mar 2022
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Bootstraps or Bust, the FCA’s New Regime (CP25/15)

The FCA’s CP25/15 rips the booster cables off Britain’s laissez-faire crypto scene and wires it into the hard circuitry of prudential rules. Stablecoin issuers must hold real capital, custodians must park cash in sterile gilts, and…

Sec

$220M SUI Network Cetus Exploit – Oracle Bug

A single oracle-pricing bug let an attacker drain more than $626 million from Cetus, the biggest DEX on Sui, in minutes. Our deep-dive reconstructs the on-chain transactions, traces the laundering trail, and explains why oracle…

GENIUS Act Passes the US Senate in 66–32 Cloture Vote

The GENIUS Act passes the US Senate’s cloture test 66-32 on 20 May, catapulting America toward its first purpose-built stable-coin statute. By splitting crypto dollars from securities law while hard-wiring dollar-backed reserves, the…

Sec

Coinbase Data Breach, $20 Million Extortion Bid

Coinbase faces renewed scrutiny after a coinbase data breach in which hackers bribed offshore support contractors, siphoned customer data and demanded a $20 million bitcoin ransom, an extortion the exchange refused to pay. The…

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SIM-Swap Culprit Faces 24 Months Over Fake Bitcoin-ETF X Post

U.S. prosecutors have asked Judge Amy Berman Jackson to sentence 25-year-old Eric Council Jr. to two years in prison for the January 2024 SIM-swap attack that let him seize the Securities and Exchange Commission’s X account and publish…

Aztec Network, Inside Ethereum’s Fully‑Encrypted Layer‑2

Aztec Network is the first Layer‑2 that treats privacy as a birth‑right, not a bolt‑on. Powered by the PLONK proving system and the Rust‑like Noir language, its hybrid roll‑up keeps balances, app logic and identities encrypted while…

EU Privacy Coin Ban Looms: Countdown to 2027

Article 79 of the new Anti‑Money Laundering Regulation outlaws privacy‑focused tokens like Monero and Zcash and prohibits European intermediaries from hosting anonymous wallets.

Sec

$330M Bitcoin Theft and Monero Laundering

On April 27, 2025, a wallet holding 3,520 Bitcoin was drained, with funds swiftly moved. ZachXBT revealed the Monero laundering operation, as the attacker swapped the BTC into XMR via instant exchanges, spiking Monero’s price 50% to $339.

From Land Grabs to Brand Hubs: The Sandbox in 2025

The Sandbox spent 2025 doing the unglamorous work that makes digital worlds stick: rewriting physics so avatars can fly, swapping raffle-style jackpots for a steady battle-pass economy, and giving creators a VoxEdit facelift that…

PayPal × Coinbase: The Stablecoin Power Move with PYUSD

PayPal and Coinbase have joined forces to spearhead stablecoin adoption, making PayPal USD (PYUSD) instantly tradable with zero fees on Coinbase. The move blends PayPal’s massive payments network with Coinbase’s crypto-native liquidity,…

Federal Reserve Relaxes Crypto Oversight for Banks

In a notable departure from its previous stance, the Federal Reserve has withdrawn guidance requiring banks to seek approval before engaging in crypto and stablecoin activities. The move, which aligns with similar steps by the FDIC,…

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